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PHILOMATH, OR 97370

Real Estate Market Report  ·  Benton County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The PHILOMATH, OR real estate market (97370) currently shows 33 active listings, with 11 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88 days on market compared to 66 days last year.

The median listing price has risen 32.9% year-over-year, from $550,000 to $731,000.

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Market Context

Market Context

Population: 9,193  ·  Density: 19.9/mi²  ·  Median household income: $90,080

Typical home value: $387,807  ·  Homeownership: 77.3%

Market Overview

Active Listings
33
⇧ 17.9% vs 28 last year
Pending
11
33% pending ratio
Median Price
$731,000
⇧ 32.9% vs $550,000 last year
Average Price
$732,935
⇧ 10.5% vs $663,126 last year
Days on Market
88
⇧ 33.3% vs 66 days last year

Price Per Square Foot

Median $/sqft
$312
⇧ 12.2% vs $278/sqft last year
Median Home Size
2,077 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 28 last year
  • Days on market: 88 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $731,000 (+32.9% YoY)
  • Average: $732,935 (+10.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.2 miles — 408 listings ($269,553,534 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97370Philomath, OR 973700.0 mi20$14,973,900$589,750$748,695
97330Corvallis, OR 9733010.2 mi88$66,108,416$671,343$751,232
97343Eddyville, OR 9734312.9 mi2$2,900,000$1,450,000$1,450,000
97321Albany, OR 9732117.2 mi105$65,966,145$559,368$628,249
97324Alsea, OR 9732418.1 mi2$1,520,000$760,000$760,000
97377Shedd, OR 9737719.8 mi3$3,750,000$1,250,000$1,250,000
97357Logsden, OR 9735720.3 mi2$860,000$430,000$430,000
97348Halsey, OR 9734821.5 mi5$3,400,000$450,000$680,000
97351Independence, OR 9735123.0 mi31$20,291,360$440,000$654,560
97390Tidewater, OR 9739025.4 mi3$1,332,999$435,000$444,333
97338Dallas, OR 9733825.5 mi115$67,051,670$470,000$583,058
97380Siletz, OR 9738026.8 mi4$4,277,800$1,059,475$1,069,450
97448Junction City, OR 9744827.2 mi28$17,121,244$537,400$611,473

Frequently Asked Questions

How many homes are for sale in PHILOMATH, OR 97370?

As of September 2026, there are 33 active listings in PHILOMATH, OR (zip code 97370), compared to 28 the prior year.

What is the median home price in PHILOMATH, OR 97370?

The median listing price in PHILOMATH, OR 97370 is $731,000 as of September 2026, a 32.9% increase from $550,000 the prior year.

How long do homes stay on the market in PHILOMATH, OR?

Homes in PHILOMATH, OR 97370 spend an average of 88 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in PHILOMATH, OR 97370?

Based on current inventory and days-on-market data as of September 2026, PHILOMATH, OR 97370 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 66 days last year.

How much can I save on real estate commission in PHILOMATH, OR?

With SELL123.com's maximum 3% commission, sellers in PHILOMATH, OR 97370 save an estimated $14,620 compared to a typical 5% commission on the median listing price of $731,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.